Enterprises Look to Close Social Media Communication Compliance Gap - UC Today

Summary

The article discusses the compliance challenges that social media, including platforms like LinkedIn, presents for businesses, with a focus on the financial services sector. Risks range from recordkeeping failures to misinformation, exemplified by a hack announcing false SEC approval of Bitcoin ETFs that caused market turmoil. Regulatory bodies are tightening rules and fines, and firms are adopting comprehensive compliance solutions to mitigate these risks.